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S&P 500
5,187.70
(
0.13%
)
US TECH 100
17,607.60
(
-0.03%
)
Dow Jones
38,884.26
(
0.08%
)
Brent Oil
82.30
(
-0.69%
)
Bitcoin
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(
0.22%
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Captain Lithium

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Captain Lithium

Re: None

Thursday, 02/23/2017 4:56:05 PM

Thursday, February 23, 2017 4:56:05 PM

Post# of 25284
It makes you wonder...

News in this morning's press release seems so amazing, the stock should have jumped from .0024 to silver in one day. And yet it didn't budge.

Why is that?

Evidently, traders have finally learned that they're just fluff. And until that changes, LEXG is a scalper's tool at best.

The broad market should finally have a down day tomorrow (Friday). I expect the Dow's streak of 10 consecutive record high closes to come to an abrupt and unexpected end, and the broader S&P could easy drop 0.50-0.75%. I'm still avoiding LEXG and other penny stocks, but have purchased SPX puts at 2365 and am holding short overnight.

Enjoy...
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